A robot holding up a sign that reads “regulation innovation changes life” escorts Prime Minister Chung Sye-kyun, Wednesday, at the “2020 Robo World” exhibition, held at Kintex in Goyang, Gyeonggi.
A 41-square-meter (441-square-foot) apartment in Namcheon-dong, Suyoung District, in Busan sold in September for 800 million won ($705,000). In June, an apartment of the same size in the same complex sold for 700 million won — or 12.5 percent less.
The Korea Enterprises Federation (KEF) will submit an appeal letter to the National Assembly this month to express concern over a package of bills aimed at tightening scrutiny over big corporations.
Lawmakers and business leaders have fallen out over the government’s move to introduce a set of rules aimed at tightening scrutiny of big corporations and hand more rights to minor shareholders and consumers.
Coupang is a cypher. Who owns it and how it is governed remain shrouded. It often clashes with vendors. It has never reported an annual profit. Yet it has not been contained in its attempt to dominate the Korean e-commerce...
The government is facing mounting criticism over legislation containing new rules for companies, with business leaders squawking about how they will hurt local firms.
Six business associations have jointly criticized a set of legislative amendments that could soon become law.
While the Korean economy remains on red alert amid the coronavirus pandemic, the government is rushing to pass a set of bills aimed at tightening corporate governance regulations.
Officetels and villas, long the black sheep of the property market, are gaining favor among investors who see them as the last resort for making a killing in the market.
Philip Morris Korea Managing Director Paik Young-jay reaffirmed the cigarette maker's goal to achieve a smoke-free future, appealing for a more scientific approach towards heat-not-burn cigarettes.